Roundhill Launches HALO ETF to Bet on AI-Resistant Heavy Asset Stocks — Roundhill Financial Inc.

Event summary

Roundhill Investments launched the HALO ETF (LOHA) on May 14, 2026, targeting U.S. companies with heavy assets and low obsolescence risk.
The ETF tracks the Akros US Heavy Assets Low Obsolescence Index, holding 100 equally weighted companies rebalanced quarterly.
Top holdings include Cummins Inc (CMI), AutoZone Inc (AZO), and Newmont Corp (NEM), with an expense ratio of 0.35%.
Goldman Sachs estimates 45% of the S&P 500 is composed of AI companies, positioning LOHA as a hedge against AI disruption.

The big picture

Roundhill's HALO ETF targets a growing investor concern: identifying companies resilient to AI-driven disruption. With 45% of the S&P 500 exposed to AI, LOHA offers a diversified basket of 100 firms with tangible assets and entrenched infrastructure. The strategy aligns with a broader market shift toward hedging against technological obsolescence, particularly in capital-intensive sectors like machinery, mining, and logistics.

What we're watching

Portfolio Performance: Whether LOHA can deliver on its promise of durability amid accelerating AI disruption.
Sector Sensitivity: How the ETF's asset-heavy focus will perform against broader equity markets during economic shifts.
Regulatory Risks: The impact of potential regulatory changes on the HALO companies' long-term asset values.